Common questions relating to Upper Norwood Lease Extensions

  • I have shares in the freehold of 2 blocks of flats comprising of 8 flats each. Two of the leasehold owners want a lease extension and I'm curious about the procedure for this
  • I just completed on a property in Upper Norwood and it has around 76 years residual lease term. I'd like to arrange a lease extension by twenty years
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has fivety six years left.
  • Hi. I need someone to review my lease extension prior to it being formalised just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor amendments.
  • We are in a block comprising five flats in Upper Norwood and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I have my suspicions that my niece is being hoodwinked. She submitted an offer on a garden flat in Upper Norwood, where the lease is slightly less seventy four years but she was told by the estate agents that the current owner had extended it to 125 years. She has now been advised the seller was waiting for her to instruct conveyancers before commencing with the lease extension. Sounds underhand, also it could take a while to sort it all out. What do you think?
  • We are looking to extend our lease having owned the apartment for two years as of 1st May 2015. It has circa seventy five years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as possible.
  • I am in need of some help with a lease extension. I live in Dublin but the property in question is based in Upper Norwood. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • We know that others in the same building previously had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of avoiding a formal valuation and base the initial offer on previous premiums paid . This would save on double valuation fees. Is this advisable?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Upper Norwood